$5.3B in Crypto Options Expire Today – Markets Could Shake
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More than $5.3 billion worth of crypto options are expiring Friday, a key moment for traders watching Bitcoin’s next move. Data from Deribit, the world’s largest crypto options exchange, shows $4.3 billion in Bitcoin (BTC) options with a Put/Call ratio of 1.12 and a max pain level of $117,000. Another $940 million in Ethereum (ETH) options are set to expire, showing a more bullish bias with a Put/Call ratio of 0.9 and max pain at $4,430. https://twitter.com/DeribitOfficial/status/1976179963792408895 Options contracts give traders the right, but not the obligation, to buy or sell assets at a fixed price before expiration, typically
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2d ago•
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